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Cost of living: Chicago, IL vs Dallas, TX (2024)

Quick answer

Overall prices in the Chicago, IL metro were 103.6 vs 103.1 in Dallas, TX in 2024 (US = 100), so Chicago is 0.5% more expensive than Dallas; housing rents differ by 5% (112.0 vs 117.9). A $75,000 income in Chicago buys about what $74,634 buys in Dallas, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)ChicagoDallasChicago vs Dallas
All items103.6103.1+0.5%
Goods107.3102.8+4.3%
Housing (rents)112.0117.9-5.0%
Utilities83.690.7-7.9%
Other services100.599.7+0.8%
All items, 2008105.4101.4+4.0%
$50,000 in Chicago equals in Dallas$49,756
$100,000 in Chicago equals in Dallas$99,513
$150,000 in Chicago equals in Dallas$149,269

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Last updated 2026-10-16. Data only, not financial or tax advice.

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